Agility expects about $465 million before its SPAC vote

Agility Robotics and Churchill Capital Corp XI said on October 30 that, after the SPAC redemption deadline, expected gross capital is about $465 million before transaction expenses. The total combines about $164 million remaining in the trust, about $201 million from a $10-per-share PIPE led by Foxconn, and $100 million of equity already received. A November 2 shareholder vote is still required, and the stated November 4 close and November 5 Nasdaq listing as AGLT remain subject to approval and customary conditions.

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